SEALSQ Corp (LAES) Financial Ratio Screen

NASDAQ Technology Switzerland USD 531M
RATIOS FAIL*
Automated financial screen · activity assessed separately
SEALSQ Corp (LAES) is potentially non-compliant in the automated ratio model. While the debt ratio of 9.1% is acceptable, the cash and interest-bearing securities ratio of 86.7% exceeds the 30% threshold. SEALSQ Corp operates in the Technology sector.

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MSCI new-inclusion financial-ratio snapshot

LAES financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
9.1%
Pass vs 30%
Cash ratio
86.7%
Fail vs 30%
Receivables + cash
91.2%
Fail vs 30%
Impermissible income
6.4%
Fail vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
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MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Semiconductors) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductors in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, post quantum, RISC-V chips, secure arm platform, and smart card reader chips; public key infrastructure (PKI) and provisioning for internet of things (IoT), such as root of trust, Ines managed PKI, secure factory provisioning, and zero touch field provisioning services; and other PKI services, including personal digital identity services and TLS certificates. The company also provides device-to-cloud authentication, device attestation for matter, GSMA root certificate, device-to-device authentication, data protection, anti-counterfeiting and brand protection, security access, device ID provisioning, identity lifecycle management, and satellite IoT connectivity solutions. It serves smart energy, smart home, automotive EV charging, consumer IoT, aerospace and military telecommunications, industry, logistics, medical, and luxury sectors. The company has a strategic partnership with WISeSat.Space Corp. to develop and operate a commercial Quantum Spatial Orbital Cloud. The company was founded in 2022 and is headquartered in Cointrin, Switzerland. SEALSQ Corp operates as a subsidiary of WISeKey International Holding AG.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 9.1%
/ 30%
86.7%
/ 30%
91.2%
/ 30%
6.4%
/ 5%
RATIOS FAIL*
FTSE 9.1%
/ 33%
86.7%
/ 33%
91.2%
/ 50%
6.4%
/ 5%
RATIOS FAIL*

Financial Highlights

EPS
$-0.40
P/B Ratio
2.7
EV/EBITDA
-7.2
EV: $207M
Revenue
$11M
Growth: -0.1%
Beta
-11.8
Low volatility
Current Ratio
7.4

Profitability

Gross Margin 44.8%
Operating Margin -440.1%
Net Margin -277.3%
Return on Equity (ROE) -49.4%
Return on Assets (ROA) -21.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$11M
Free Cash Flow-$12M
Total Debt$9M
Debt-to-Equity5.4
Current Ratio7.4
Total Assets$98M

Price & Trading

Last Close$2.67
50-Day MA$3.90
200-Day MA$4.09
Avg Volume8.0M
Beta-11.8
52-Week Range
$2.12
$8.71

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About SEALSQ Corp (LAES)

CEO
Mr. Carlos Creus Moreira
Employees
67
Sector
Technology
Industry
Semiconductors
Country
Switzerland
Exchange
NASDAQ
Market Cap (listing currency)
USD 531M
Currency
USD

SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductors in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, post quantum, RISC-V chips, secure arm platform, and smart card reader chips; public key infrastructure (PKI) and provisioning for internet of things (IoT), such as root of trust, Ines managed PKI, secure factory provisioning, and zero touch field provisioning services; and other PKI services, including personal digital identity services and TLS certificates. The company also provides device-to-cloud authentication, device attestation for matter, GSMA root certificate, device-to-device authentication, data protection, anti-counterfeiting and brand protection, security access, device ID provisioning, identity lifecycle management, and satellite IoT connectivity solutions. It serves smart energy, smart home, automotive EV charging, consumer IoT, aerospace and military telecommunications, industry, logistics, medical, and luxury sectors. The company has a strategic partnership with WISeSat.Space Corp. to develop and operate a commercial Quantum Spatial Orbital Cloud. The company was founded in 2022 and is headquartered in Cointrin, Switzerland. SEALSQ Corp operates as a subsidiary of WISeKey International Holding AG.

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Frequently Asked Questions

Is SEALSQ Corp (LAES) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is SEALSQ Corp's debt ratio?

SEALSQ Corp's debt ratio is 9.1% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are SEALSQ Corp's key financial metrics?

SEALSQ Corp has a market capitalization of USD 531M in its listing currency, and revenue of $11M. The company maintains a gross margin of 44.8% and a net margin of -277.3%. Return on equity stands at -49.4%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.